The GMAT Exam is a milestone in the life of many aspirants. It represents a chance at a better life and an escape from mediocrity and obscurity. Given this fact, it is obvious that the aspirants need to have as much information about the GMAT Exam as possible. One of the first things that candidates need to know about is the GMAT Exam Registration and consequently the GMAT Exam Fees.
There are always certain procedures that have to be completed for any entrance exam and it is no different with the GMAT Exam. The GMAT Exam has an online registration form like most entrance exams including the CAT Exam. Candidates who wish to appear for the GMAT Exam have to fill the GMAT Exam Registration form, pay the GMAT Exam fees, and choose the GMAT Exam Date to complete the procedural details. More details about the GMAT Exam Registration and the GMAT Exam Fees are given below.
Given the fact that the GMAT Exam is a completely online entrance exam, it is logical that the GMAT Exam Registration has a completely online registration process as well. The steps for the GMAT Exam Registration include the creation of a profile for the GMAT Exam Registration.
Once the candidate has created the profile for the GMAT Exam Registration, the procedure to register for the actual GMAT Exam begins. This includes:
These steps should help the candidate easily complete their GMAT Exam Registration which rarely has any glitches or issues. The procedure is very similar to the NMAT Registration Process which is handled by GMAC as well.
Another thing that candidates need to learn about in some details is the GMAT Exam Fee.
In order to appear for the GMAT Exam, the candidates need to complete the GMAT Exam Registration which requires the candidate to pay the GMAT Exam fees. The GMAT Exam Fees are considered quite expensive in most countries which leads to lower number of people appearing for the test. A consequence of the high GMAT Exam fees is that the candidates who do appear for the test are in general better prepared in comparison to the test takers in CAT or other Indian Entrance Exams.
The GMAT Exam Fees for each candidate include:
Since the GMAT Exam gives the candidate an option of retaking the exam, there are additional charges associated with it as well. These charges include:
The candidates also have the option of canceling their GMAT Exam Appointment. There can be two outcomes for the cancellation of the GMAT Exam Appointment:
One might think that the above mentioned circumstances would be the extent of the GMAT Exam fees but they would be woefully wrong. After the exam, the candidate is allowed to send their report to 5 colleges for free. If they wish to send their GMAT Exam Score to more institutes, the candidate has to shell out an additional $35 per additional report. In addition to this, there is an enhanced GMAT Report which is available. This report would cost the candidate an additional $30.
The GMAC gives the candidate an option of cancelling their GMAT Score immediately after the GMAT Exam. This, ironically, costs the candidate another $25 with the reinstatement of the cancelled score requiring another $25. There is even option of rescoring the AWA Essay which would end up costing the candidate another $50.
The maximum amount that a candidate could have to pay due to the GMAT Exam Fees is:
|GMAT Exam Fees||Cost (in $)|
|Application||$260.00 (via phone)|
|Additional Score Reports||$175 (for 5 Reports)|
This is the maximum GMAT Exam Fees that a candidate could have to shell out without cancelling the exam within 7 days of the GMAT Exam Appointment. These amounts do not include the amount that the candidate would spend on the GMAT Preparation.
The one thing that the GMAT Exam gives full convenience in is the payment of the GMAT Exam Fees. The GMAT Exam Fees can be paid online via the:
The payment can also be done via the Cashier's Check, Money Order, and Personal Checks. The GMAT Exam does take certain precautions for the payment of the GMAT Exam Fees.
The GMAT Exam Registration and the GMAT Exam Fees are the basic procedural steps that the candidate has to follow in order to set up their GMAT Appointment. They seem like trivial details but form an important part of the set up to ensure that the candidate is able to attempt the GMAT Exam smoothly.